The Gores Group Sells Etrali to IPC

LOS ANGELES--(EON: Enhanced Online News)--The Gores Group (“Gores”) announced today the sale of Etrali Trading
Solutions (“Etrali”) to New Jersey-based financial communications firm
IPC Systems. Financial terms of the transaction were not disclosed.

“We are proud of what we have accomplished with Etrali over the past
three years”

Etrali, a global company, headquartered in Paris, France, is a leading
provider of voice and electronic trading infrastructure and compliance
services for the banking and trading communities. In 2013, Gores
acquired Etrali from Orange S.A. (formerly France Telecom) through its
Small Capitalization Partners investment fund.

“We are proud of what we have accomplished with Etrali over the past
three years,” said Jon Gimbel, Managing Director at Gores. “We
successfully partnered with Orange to seamlessly extract their trading
solutions division, while increasing overall employment, and supporting
management in their efforts to reposition Etrali as a leading,
compliance focused, solution provider to financial institutions
worldwide. We have enjoyed working with the Etrali team over the last
few years and would like to thank them for their hard work and
dedication. We are confident that Etrali will continue to prosper
alongside the IPC team.”

About The Gores GroupFounded in 1987 by Alec Gores, The
Gores Group is a global investment firm focused on acquiring controlling
interests in mature and growing businesses which can benefit from the
firm's operating experience and flexible capital base. The firm combines
the operational expertise and detailed due diligence capabilities of a
strategic buyer with the seasoned M&A team of a traditional financial
buyer. Over its 25 year history, The Gores Group has become a leading
investor having demonstrated a reliable track record of creating value
in its portfolio companies alongside management. Headquartered in Los
Angeles, The Gores Group maintains offices in Boulder, CO, and London.
For more information, please visit www.gores.com.

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